Weekly EIA Petroleum Report -- October 4, 2023

Locator: 45643WTI.

Weekly EIA petroleum report, link here:

• US crude oil in storage: down, 2.2 million bbls; at 414.1 million bbls; 5% below average;
• US crude oil imported: yawn; but up an astounding 9.6% over same period last year;
• US refiners: holy mackerel, well below 90% at 87.3%; this is about as low as it gets historically;
• distillate: decreased again; 13% below average;
• jet fuel supplied: up a remarkable 10.6% compared with same period last year;

WTI:

• before report released: $86.70.
• after report released: $86.45; so far today, down 3.12%.
• but it's just the strong dollar, right? Right?

Gasoline demand: pending.